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Promote a fair income tax system that treats all types of incomes (passive and work) equally for tax purposes.

Created by A.B. on December 14, 2012

Petition the President to actively promote a fair income tax system where all types of income are treated exactly the same for tax purposes. The current tax system is, in fact, 2 tax systems - one for the super rich (the income of which is taxed at a max tax rate of 15% as capital gains and carried interest) and one for regular hardworking Americans (the income of which is taxed at max tax rate of 35% + additional payroll taxes of 12% + medicare taxes). 50% of the carried interst, dividents and capital gains go to the top 0.01%, and more than 90% of the income of the top earners comes as carried interest, dividents and capital gains!

Budget & Taxes
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